Just under ten months ago, Google announced plans to remove advertising identifiers from Android mobile devices. With Apple’s App Tracking Transparency policy having already severely limited advertisers’ ability to track and measure mobile campaigns, the news theoretically had the potential to intensify mobile apps’ identity crisis. Except Google maintained, as has been the case with the removal of third-party cookies from its Chrome web browser, that it wouldn’t do anything drastic… Source link
Read More »Is the Carvana online car buying model dead?
The headlines for online-car buying platform Carvana (CVNA) haven’t been good recently. And whether the company will remain a public entity is now in doubt. In fact, Yahoo Finance dubbed Carvana “Worst Company of the Year” after polling more than 5,000 readers on their suggestions. Despite a stock down 98% this year, concerns over its debt load, and whether management has the know-how to right the business, it seems one thing may have some staying power — the trend of buying used cars… Source link
Read More »Yahoo Finance’s Worst Company of the Year
It’s been a crap year for stocks, with the overall market down 17%. At Carvana, the wheels came off. The online used-car merchant lost 97% of its value through Dec. 9, with the stock down a like amount. The company started the year an investor darling and ended as a bankruptcy possibility. For these reasons and more, Carvana is the Yahoo Finance Worst Company of 2022. When we choose our best company of the year—which this year is Costco—we assess financial performance, societal impact,… Source link
Read More »Yahoo Finance’s Worst Company of the Year
It’s been a crap year for stocks, with the overall market down 17%. At Carvana, the wheels came off. The online used-car merchant lost 97% of its value through Dec. 9, with the stock down a like amount. The company started the year an investor darling and ended as a bankruptcy possibility. For these reasons and more, Carvana is the Yahoo Finance Worst Company of 2022. When we choose our best company of the year—which this year is Costco—we assess financial performance, societal impact,… Source link
Read More »Amazon, Google, Microsoft and Oracle Share DoD Cloud Contract
The U.S. Department of Defense has awarded contracts with a combined potential value of up to $9 billion to Amazon, Google, Microsoft and Oracle under the Joint Warfighting Cloud Capability (JWCC) program. JWCC is the successor to Joint Enterprise Defense Infrastructure (JEDI), which attracted contracting controversy and was canceled last year in favor of a multi-cloud approach. Each of the four companies has been awarded a hybrid (firm-fixed-price and time-and-materials,… Source link
Read More »Stocks flat after Monday’s rout
U.S. stock futures edged higher Monday morning ahead of a busy week for investors with key inflation data and the Fed’s last policy meeting of the year serving as highlights. Futures tied to the S&P 500 (^GSPC) inched higher by 0.2% in premarket trading, while futures on the Dow Jones Industrial Average (^DJI) ticked up by 0.1%. The technology-heavy Nasdaq Composite (^IXIC) increased as much as 0.25%. All three major indexes ended with losses during Friday’s trading session, capping the worst… Source link
Read More »A tense all-hands meeting at Google leaves employees worried about layoffs
It’s Monday, and you know what that means? After today, there are only two more Mondays left in 2022. This is Matt Weinberger, Insider’s deputy editor of tech analysis, filling in once again for Jordan Parker Erb. She’ll be back in time to write tomorrow’s edition, so never fear. Last week was a big week for news, in a year that’s been full of big weeks for news — the FTC is suing to block Microsoft’s acquisition of video-game giant Activision Blizzard, Meta employees were reportedly Source link
Read More »Google refused Hong Kong request over protest anthem – HK official
HONG KONG, Dec 12 (Reuters) – Google has refused to change its search results to display China’s national anthem, rather than a protest song, when users search for Hong Kong’s national anthem, the city’s security chief said on Monday, expressing “great regret” at the decision. Google’s parent company, Alphabet Inc (GOOGL.O), did not immediately respond to a request for comment. The row comes after Hong Kong police said they would investigate the playing of “Glory to Hong Kong” – the unofficial… Source link
Read More »The biggest risks to stock market in 2023: Deutsche Bank survey
Markets remain on edge regarding the outlook for inflation, as seen in the hit to stocks last week amid a hotter than expected read on the Producer Price Index (PPI). Furthermore, this week’s Federal Reserve meeting could feature Chairman Jerome Powell pushing back on recent financial easing in markets. Couple those factors with expectations for muted corporate profit growth and a recession in the U.S., and uncertainties for the stock market in 2023 are abound. The team at Deutsche Bank led by… Source link
Read More »Google’s Quest to Digitize Valuable Military Tissue Samples — ProPublica
ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. In early February 2016, the security gate at a U.S. military base near Washington, D.C., swung open to admit a Navy doctor… Source link
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